This ETF offers daily leveraged exposure to an index consisting of stocks engaged in various aspects of the natural gas industry, including exploration and production companies and firms that transport energy commodities. As a leveraged ETF with a daily reset feature, GASL is generally inappropriate for investors with a long time horizon and interest in building a long-term portfolio. This fund's utility will be with risk tolerant investors looking to establish a shorter-term tactical tilt towards the natural gas industry. Part of the reason that GASL is inappropriate for long-term portfolios is the daily reset feature; this fund will deliver 200% exposure to the related index over a single trading session only, and the effective amplification can vary significantly if held for a longer or shorter stretch. GASL can still be used effectively over various holding periods; investors must simply be aware of the nuances of leveraged exposure and be willing and able to monitor a position regularly and potentially rebalance as needed. Investors looking for non-leveraged exposure to natural gas stocks might take a look at FCG, while those looking to place a leveraged bet against this sector will want to consider GASX.
The adjacent table gives investors an individual Realtime Rating for GASL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Leveraged Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 6 other ETFs in the Leveraged Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of GASL relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.